So this would be purely a move focused on increasing your monthly rental income, but would temporarily set you back from an equity perspective.

@Matt Rothwell Perhaps I wasn't clear but this isn't purely hypothetical nor am I suggesting unlimited funds.

I want a minimum of $150 pure cash flow after all reserves.3. 

Eliminates you having direct exposure to the cattle market and a manager themselves though.This is purely anecdotal, so take it for what it is, but from my perspective the beef market here has "niched down" more recently.

But I wouldn't buy a 7% COC projected home that's purely an investment property, in my area of Florida - I'd look for 10-12% if it wasn't a house hack opportunity.

I would just buy a regular rental if I want a pure investment property as they are WAY easier to manage and cash flow from.  

You cannot rely on pure gut feeling. 

The saying is just pure analogy.

If you buy it as a pure investment, then you'll have to put down 20% and almost anywhere in the Denver metro area, and most of the mountains and down in Colorado Springs, you're going to likely need to spend at least $500k to get anything decent for an STR, and 20% of that is the money you're talking about.

The loans are purely asset based.